Libyan state oil firm scrambles to keep El Sharara oilfield open amid ‘occupation’Libyan state security on Saturday threatened to shut down production at the giant El Sharara oilfield but the field remains open, state oil firm NOC said, denouncing what it called an "occupation" of...
Ford and VW considering an expansive alliance likely to echo across the global auto industryBarring a last-minute hitch, two of the world’s largest automakers plan to announce a far-reaching alliance shortly after the new year, one that will cover a wide swath of territory and a broad range...
Bitcoin price pain continues as the cryptocurrency plummets to a 15-month lowThis week brought more bad news for bitcoin investors. The world’s largest cryptocurrency fell as much as 11 percent to a low of $3,293.31 on Friday, its lowest level since September 2017, according t...
Brexit lawmakers committee slams May’s deal in latest blow ahead of voteBritish Prime Minister Theresa May's Brexit deal was condemned as "a huge step into the unknown" by a committee of lawmakers responsible for scrutinising it, in the latest blow to her efforts to win p...
Saudi Arabia hosts GCC summit amid Qatar tensions, Khashoggi crisisThe Gulf Cooperation Council's (GCC) annual summit was set to open in Riyadh on Sunday, with regional unity imperilled by a bitter row with Qatar and the host, Saudi Arabia, facing a diplomatic crisis...
Qatar finance minister says budget for 2019 will project surplusQatar's national budget for 2019 will show a forecast for a surplus, its Finance Minister Ali Shareef al-Emadi told a conference on Sunday. He reiterated that the financial statements for the first ha...